 The changing profile of water traders in the Goulburn-Murray Irrigation District, AustraliaSarah Wheeler, Henning Bjornlund, Alec Zuo () and Martin Shanahan Agricultural Water Management, 2010, vol. 97, issue 9, 1333-1343 Abstract: This paper examines the changing profile of water traders (both allocation and entitlement traders) in the Goulburn-Murray Irrigation District in Australia, and examines the efficiency of the water allocation and entitlement markets from 1998-99 to 2003-06. The results suggest that the profile of traders in the early and mature stages of the water allocation market differ greatly. In addition, the profile of allocation traders is significantly dissimilar from that of water entitlement traders at all stages of water market development. The decision to buy or sell water allocations was more likely to be associated with a farmer's socioeconomic characteristics and the type of farm, while the decision to buy or sell water entitlements was more likely to be associated with the extent of existing farm infrastructure and farm productivity. Finally, there was strong evidence to suggest that trading in the water allocation market has become more efficient over time, though there is no evidence to suggest the same for the water entitlement market. Keywords: Water; allocations; Water; entitlements; Water; markets; Irrigation; Victoria (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:agiwat:v:97:y:2010:i:9:p:1333-1343 Access Statistics for this article Agricultural Water Management is currently edited by B.E. Clothier, W. Dierickx, J. Oster and D. Wichelns More articles in Agricultural Water Management from Elsevier |
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